ECB Holds Rate as Inflation Remains Steady
Energy prices fell, with gas down 40% and crude oil LCOCc1 down 10%.
Services inflation at 3.50%, non-energy goods at 0.60%, unemployment 6.4%.
ECB deposit rate remains at 2% with no December cut expected.
Markets 25% chance of easing next year if inflation dips below target.
1 month ago